CIBC upgraded shares of Fairfax Financial Holdings Ltd Subordinate Voting Shares (OTCMKTS:FRFHF) from a neutral rating to a sector outperform rating in a report published on Thursday morning, Marketbeat reports.

Separately, ValuEngine downgraded Fairfax Financial Holdings Ltd Subordinate Voting Shares from a buy rating to a hold rating in a report on Thursday, July 12th.

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Fairfax Financial Holdings Ltd Subordinate Voting Shares stock traded down $9.78 during trading hours on Thursday, reaching $496.32. 2,029 shares of the company’s stock were exchanged, compared to its average volume of 3,851. The company has a current ratio of 6.63, a quick ratio of 6.63 and a debt-to-equity ratio of 0.39. Fairfax Financial Holdings Ltd Subordinate Voting Shares has a twelve month low of $481.00 and a twelve month high of $590.00. The company has a market cap of $13.89 billion, a P/E ratio of 9.30 and a beta of 0.30.

Fairfax Financial Holdings Ltd Subordinate Voting Shares (OTCMKTS:FRFHF) last issued its quarterly earnings results on Thursday, August 2nd. The financial services provider reported $0.20 earnings per share for the quarter. Fairfax Financial Holdings Ltd Subordinate Voting Shares had a return on equity of 9.71% and a net margin of 10.81%. The firm had revenue of $4.21 billion during the quarter.

Fairfax Financial Holdings Limited, through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in the United States, Canada, Asia, and internationally. The company also underwrites specialty insurance and reinsurance; develops, produces, markets, and distributes television programs; and franchises, owns, and operates dining restaurants and holiday resorts.